Word: stems
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...nervous banks called in loans, panic selling swept the world's financial markets. But the further asset prices fell, the worse the crisis became. Securities that had been the collateral for immense pyramids of debt were suddenly unsellable. The central banks had to admit they lacked the means to stem the outflow. The only way to avoid a complete financial implosion was literally to close the world's stock exchanges. London's exchange remained shut down until January...
...Virginia's George Allen and Pennsylvania's Rick Santorum--until they lost their Senate re-election races last year. And Evangelicals say they adore all-but-announced contender Sam Brownback, a former Evangelical who converted to Catholicism and is one of the Senate's most ardent opponents of embryonic-stem-cell research and gay marriage. But they are skeptical that the Kansas Senator can broaden his appeal enough beyond religious voters to have a chance of winning...
...move, long rumored but always denied by senior Bush officials, has caught Washington off guard. It is widely believed to stem from Negroponte's dissatisfaction with the top intelligence job, to which he was nominated in February 2005, and a desire to return to his roots as a diplomat. The Director of National Intelligence (DNI) was a post created to provide streamlined control to 16 U.S. intelligence agencies after the failures that led to 9/11 and the mistaken assessments of Saddam Hussein's weaponry. Negroponte, 67, was the America's first DNI and his departure after little more than...
...ethics charges are expected to be expanded when the state bar's grievance committee meets again Jan. 18. Like a grand jury, the committee meets periodically; the current ethics charges stem from its most recent meeting in October and cover public statements Nifong made about the case last March and April. At its next meeting, the committee will deal with revelations from a Dec. 15 court hearing in which the state's DNA expert admitted he and Nifong agreed to keep secret from the defense early DNA results showing no Duke lacrosse player could be implicated in an attack upon...
...Evangelicalism also saw the beginnings of a political divide. A new head of the Christian Coalition was forced to resign after he wanted to expand the group's mission from abortion, marriage and stem cells to poverty and the environment. David Kuo, a former Bush Administration insider who helped run the faith-based social program, wrote a book decrying the cynical use of Evangelicals for political gain and regretting his enmeshment with the religious right. He called for devout Christians to take a two-year fast from politics. And in a remarkable sign of a new era, the orthodox Evangelical...